Franklin Alabama Tax-Free Income Fund

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

New investors must invest in new Class A shares. This A1 share class is available only for existing investors as of 9/7/18.

Portfolio Statistics

Assets

Total Fund AssetsAs of 10/31/2019 (updated monthly) $240.4 (M)
Net Assets - Class A1 As of 10/31/2019 (updated monthly) $185.2 (M)

Positions As of 10/31/2019

Total Positions 64

FIXED INCOME VS. Bloomberg Barclays Municipal Bond Index

Fund Benchmark
Average Duration As of 09/30/2019 (updated monthly) 4.33 Year(s) 5.35 Year(s)
Average Weighted Maturity 14.28 Year(s)

Portfolio Details

Asset AllocationAs of 10/31/2019

[name] [value]
Fixed Income 101.01%
Cash & Cash Equivalents -1.01%

Quality Breakdown As of 09/30/2019

[name] [value]
Investment Grade 92.39%
0%
0%
Refunded 7.35%
Cash & Cash Equivalents 0.25%
Investment Grade 92.39%
AAA 8.39%
AA 77.44%
A 2.46%
BBB 4.10%
Below Investment Grade 0.00%
Not Rated 0.00%
Refunded 7.35%
Cash & Cash Equivalents 0.25%

sector breakdownAs of 09/30/2019

[name] [value]
Utilities 33.71%
Higher Education 17.65%
Tax Supported Debt 13.91%
General Obligation Bonds 12.19%
Refunded 9.57%
Hospital & Health Care 7.93%
Corporate Backed 2.65%
Transportation 2.13%
Cash & Cash Equivalents 0.25%

State / U.S. Territory Exposure As of 10/31/2019

[name] [value]
Alabama 100.00%